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Friday, June 01, 2007

Goldman Sachs to endow $2M chair at Morehouse

Goldman Sachs, the New York investment firm, has announced plans to donate $2 million to Morehouse College to endow The Goldman Sachs Leadership Chair in Civil and Human Rights, a position that will oversee the Morehouse College Martin Luther King Jr. Collection.

Last year, Morehouse received the 10,000-piece collection of King's handwritten sermons and speeches, including the "I Have A Dream" speech and Letter from Birmingham Jail. King is a 1948 graduate of Morehouse. The endowment will be formally announced June 5.

Morehouse's relationship with Goldman Sachs spans nearly 100 years when John Hope, the first black president of Morehouse and Walter Sachs, the son of one of the founders of Goldman Sachs, played significant leadership roles at the NAACP.


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